Posts Tagged ‘ Flipkart Pvt Ltd ’
Tuesday, December 27, 2016
Flipkart and Amazon — the top two e-commerce players in India — are engaged in a fierce battle for supremacy in the country’s fastest growing market. Even after gaining around 80% market share in fashion e-commerce, the market leader Flipkart faces stiff competition from its arch r...
Flipkart Pvt Ltd, the Singapore-based holding company of India’s largest e-commerce marketplace, reported a wider loss for 2015-16 as it spent more to hold off growing competition from the local unit of Amazon.com Inc. The company posted a net loss of Rs 5,768.8 crore for the year through March 20...
20 December, 2016 |
Celebrity promoters, farcical valuations, endless chase of customers with no sign of profits in sight, imminent fund crunch and questions over growth have kept the Indian ecommerce industry in news for a while. Competition from global giants such as Amazon and Alibaba has triggered debate on whether...
4 July, 2016 |
In what could be the third ad-for-equity deal for Bennett, Coleman and Company Ltd (BCCL) in Indian technology unicorns, the media conglomerate is in talks with Flipkart to pick a small stake in the e-commerce firm. BCCL has initiated discussions with Flipkart over a Rs 500 crore deal to pick an und...
4 June, 2016 |
Mukesh Bansal, head of marketplace and a board member at Flipkart, and chief business officer Ankit Nagori have decided to leave the e-commerce firm barely a month after a top-level reshuffle that led to a change in the roles of the company’s two founders. “My incredible journey with Myntra and ...
10 February, 2016 |
Chinese e-commerce titan Alibaba Group Holding Ltd seems to be fixated on acquiring interests in Indian e-commerce majors, especially those that directly compete with its global rival Amazon Inc. After backing Snapdeal and Paytm, recent news reports suggest that Alibaba is making a beeline to invest...
4 February, 2016 |
Flipkart, the country’s largest e-tailer, has launched a universal app for the new Windows 10 platform that Microsoft is rolling out to users across the world. The app was in its beta testing phase over the past two months at the Independent Software Vendor Programs at Microsoft, and went live on ...
14 January, 2016 |
Binny Bansal, co-founder and COO of India’s largest e-commerce company Flipkart, has taken over as its CEO while co-founder Sachin Bansal, who has been holding chairman and CEO positions, will now be executive chairman, a communique on the company’s website stated. “In his role as executive ch...
11 January, 2016 |
Cloudtail India Pvt Ltd, which is part controlled by Amazon.com Inc and is believed to be the single-largest vendor on its Indian e-commerce marketplace Amazon.in, sold products worth Rs 1,139 crore in the year ended March 31, 2015. Cloudtail, which started operations in the middle of last financial...
30 December, 2015 |
Rahul Yadav, the ousted co-founder of Housing.com, is back with his new startup and he is funded by the biggest names in the Indian internet industry—Bansals of Flipkart. Yadav’s new startup – Intelligent Interfaces – is about helping various government departments use internet and technolog...
11 December, 2015 |